Founded by Mr. Chin Sophonpanich, Bangkok Insurance Public Company Limited (BKI) has officially engaged in non-life insurance business since 1947. It was incorporated as a limited company on 15 April 1947 under the name of Asia Insurance Company Limited with an initial registered capital of Baht 5 million and an office situated on Anuwongse Road, Samphanthawong District. (During the first era of operations, the Company was originally established as a small non-life insurance division of Asia Insurance Company Limited. It was granted its first license to conduct non-life insurance business on 1 January 1947.)

The Company was assigned the financial strength rating of A- (Stable) by Standard & Poors or S&P, one of the world’s leading credit rating agencies, on 30 November 2022. Such a rating reflected the Company’s position as a leader in the non-life insurance industry of Thailand with strong competitiveness, good operating results, solid financial position, adequate capital funds, satisfactory capital management capability, and sound management system.